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Company update/Mobile & online banking
Monitise FINkit can today announce the key findings from its research into senior banking executives’ priorities, challenges, and future plans.
27 April 2017
News/Mobile & online banking
Apexx, a fintech startup founded by former staffers at Zapp, Evo Payments and Xcordia, is launching in London with the goal of creating a transparent marketplace where merchants can browse and plug in to competing services from a network of acquirers and payment brands.
The ATM Industry Association has accused the anti-cash lobby of peddling "fake news" in a desperate attempt to promote the use of non-cash tech and card-based alternatives to drive financial inclusion efforts.
Robinhood, the Silicon Valley startup behind a no-commission stock trading app, has raised $110 million in a Series C funding round that values the firm at $1.3 billion.
26 April 2017
Research released today from international money transfer company Azimo, reveals that nearly half of European consumers find it irritating when they have to ask for bank account or IBAN details over and over again to transfer money to friends and family.
Singaporean banks DBS and OCBC are to introduce QR code-based payments at offline stores in a joint project with national payments processor Nets.
A cashless society is not only within reach, but is actively desired by a third of Europeans, according to research conducted by ING.
First Private Bank (FPB) has chosen Misys FusionBanking to streamline operations and digitalise as it takes a significant role in contributing to Myanmar’s growing economy.
Finextra TV/Mobile & online banking
Raja Rajamannar, Chief Marketing & Communications Officer, Mastercard, explains how digital is affecting the way we pay and what companies need to do to keep up with the changes.
Contrary to earlier reports, the new Samsung Galaxy S8 will not let users authenticate payments through facial recognition because the technology is still several years away from being sufficiently secure.
Geezeo, a leading fintech company that offers integrated retail and business financial management solutions, today announced that they have signed Liberty Bank, a $4.5 billion bank headquartered in Middletown, Connecticut.
25 April 2017
Ben Stanway, Co-Founder & CEO, Moneybox, discusses how technology is changing the way consumers handle their finances and what needs to happen to take this further.
Pay by Bank app has announced a partnership with Starling Bank that will launch its market leading mobile payments service to Starling Bank’s customers.
Rose Beaumont, Senior Vice President of Communications, Mastercard Europe, speaks about the importance of STEM and encouraging school-age girls to get involved in tech.
Former UK government minister Mark Simmonds has teamed up with fintech veteran Hirander Misra on a venture that aims to help African smallholder farmers boost their earnings by connecting them with local commodity exchanges.
Digital money transfer service WorldRemit has partnered with leading Moroccan financial company Wafacash to further support the growing demand for instant remittances and the immediate access of funds in the country.
24 April 2017
DH Corporation (TSX: DH) (“D+H”), a leading provider of technology solutions to financial institutions globally, today announced the availability for industry testing of its U.S. real-time payment processing solution, which will enable U.S. banks to commence testing on The Clearing House’s (TCH’s) real-time clearing and settlement network to support real-time payments in the United States.
American musician will.i.am has become a strategic board advisor at Atom, calling the new UK app-based bank's bid to change the industry through technology "awesome".
Flux, a fintech startup founded by three of the first four employees of money transfer firm Revolut, has begun pilot trials of a service to convert paper til receipts to mobile data services in partnership with retail chains Eat and Bel-Air and digital challenger bank Monzo.
The National Bank of Canada has acquired a 22% stake in Ongo, a mobile money service with big plans for expansion in Myanmar.
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